Russia to Increase Defense Spending to Record Amount

Russia to Increase Defense Spending to Record Amount
Above: Russian Pres. Vladimir Putin visits Uralvagonzavod, the country's main tank factory in the Urals, in Nizhny Tagil on February 15, 2024. Image copyright: Alexander Kazakov/Pool/AFP/Contributor via Getty Images

The Spin

Pro-establishment narrative

Irrespective of whether the war in Ukraine comes to a close or not, the latest budget shows that Russian Pres. Putin is seeking a form of military Keynesianism — enacting excessive spending on defense in the hopes it will revive Russia's fledgling economy.

Pro-Russia narrative

Russia's budget is well thought-through, taking into consideration all the needs of the state so that every sector is adequately funded to meet the country's needs.

Metaculus Prediction


Public Figures


Go Deeper


Establishment split

CRITICAL

PRO

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